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'Trigger-Happy' Investors Boost IPO Insurance Through Litigation

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - May 13, 07:33PM from (www.bloomberg.com)

Investor lawsuits filed in the wake of share sales by Groupon Inc. (GRPN) and Deutsche Telekom AG are boosting the appeal of insurance for public offerings.
Almost 19 percent of the 3,510 initial public offerings on a U.S. stock exchange between 1996 and 2009 were defendants in at least one U.S. sec...


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